Bank-Fintech Partnership Enhancement Act mandates studies on partnerships between financial technology companies and banking organizations.
The Bank-Fintech Partnership Enhancement Act requires the Board of Governors of the Federal Reserve System, the Comptroller of the Currency, and the Federal Deposit Insurance Corporation to study the impact of partnerships between financial technology companies and banking organizations. The study will examine how these partnerships can support the formation of new banking organizations, improve community bank health, and enhance technological capabilities.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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